WBE 0.00% 1.1¢ whitebark energy ltd

Ann: Trading Halt, page-39

  1. 1,873 Posts.
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    A puzzling pair of announcements

    A trading holt and CR followed by a Rex 3 update which is way out there on the far edge of what is possible.

    It is going to have to be a really good oil field or the rest of Wizard Lake. Either way we will be big winners. I don’t think the share price will go down much as a 1,000 bopd is a huge cash flow and that is only one Rex. Add Rex 1 and 2, and we will have to be producing over 1,500 bopd.
    1,500 bopd at. $30 per barrel profit is $45,000 per day.
    Hahahaha that’s $1,350,000 per month PROFIT.

    And 20 more wells and a new field.

    Cheers
    Merry Christmas

    Saltbus
 
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